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All Forum Posts by: Austin Wood

Austin Wood has started 21 posts and replied 57 times.

Post: Ohio wholesalers willing to share their contract?

Austin WoodPosted
  • Specialist
  • Ohio
  • Posts 59
  • Votes 18

@Ray Danishyar what do you mean by “system”? All I really use in my business is propstream. Never wholesaled before tho

Post: Ohio wholesalers willing to share their contract?

Austin WoodPosted
  • Specialist
  • Ohio
  • Posts 59
  • Votes 18

@Ray Danishyar yes.

Post: Ohio wholesalers willing to share their contract?

Austin WoodPosted
  • Specialist
  • Ohio
  • Posts 59
  • Votes 18

This would be extremely helpful to me! Thanks

Post: Flipping near Akron University...

Austin WoodPosted
  • Specialist
  • Ohio
  • Posts 59
  • Votes 18

@Charlsi Kelley awesome Charlsi! I would love to be added to the list. Thanks!

Post: Flipping near Akron University...

Austin WoodPosted
  • Specialist
  • Ohio
  • Posts 59
  • Votes 18

Anyone have any experience flipping in Akron Ohio, near Akron University?

@Alex Hendershott

Get ahold of attorney Allison Tipton- way cheaper than Scott horne and she’s very responsive and thorough

Post: Potential Loan options?

Austin WoodPosted
  • Specialist
  • Ohio
  • Posts 59
  • Votes 18

What are my options for real estate loans if I havet had any w2 income in years? Hard money loans require income verification? Looking to fix and flip or brrrr

Hello! I Bought a property subject to (took over mortgage with 81k owed—ARV 130000) paid the seller 3k to move and wholesaler 6k assignment fee.

I want to sell it with seller financing. Asking for 119k... seller financing terms being (12k down and monthly payments being 1100 taxes and insurance included on a 30 year amortized loan at 8% interest.

I have done this twice in Texas so far and bought and sold both of them in less than a week entirely from posting on Facebook.

This current property is in Hope Mills, North Carolina, and I am having no problems getting showings (10-12 every weekend for 3weeks) but I am wondering what using a realtor would be like here. I can’t pay the 6% or even 3% as my 12k down payment I would collect is bringing me even. The home also needs some minor repairs and finishing (5-10k worth) do realtors even sell homes like that? I am wondering if anyone has ever negotiated anything like this with a realtor, or even just paid realtors to have showings for them? What do they charge for this? I may be entirely better off doing what I’m doing, especially if I’m not willing to make repairs. But I have a feeling most investors who are doing wraps aren’t doing what I’m doing. Im sure they use realtors, I’m just wondering how. Any tips and advice would be greatly appreciated!

Post: Tips for Seller financing an undesirable home as is

Austin WoodPosted
  • Specialist
  • Ohio
  • Posts 59
  • Votes 18

@Lynnette E. I’m sorry, the term is actually 15 years

Post: Tips for Seller financing an undesirable home as is

Austin WoodPosted
  • Specialist
  • Ohio
  • Posts 59
  • Votes 18

@Mike M.

Love your reply, thanks for taking the time.

1. 78415

2. Roof might last 5 more years, it’s actually a 1 BR 1B home in the front that is livable just needs updated, and an efficiency building in the back that will need a few grand to become livable.

3. Many homes on the street are boarded up. Although some are being worked on- the street isn’t great.

4. Definitely has curb appeal compared to the many houses immediately surrounding it, it has a nice newish fence surrounding the big yard and both homes.

5. It is most DEFINITELY possible, if there were any city in America that would happen in, I would put money on this one.

6. Here is a link with pictures

https://corpuschristi.craigslist.org/reo/d/corpus-christi-dueo-dueo-owner/7055183851.html